02 Jul 2018 @ 09:54
ETHUSD Long-term Trend – Bearish Distribution territories: $700.00, $800.00, $900.00. Accumulation territories: $300.00, $200.00, $100.00. Ethereum hasn’t been able to recover from the selling pressure it has been enduring in its pair with the US dollar. Throughout last week, the crypto asset was declining in a ranging format to the extent of […]
01 Jul 2018 @ 11:48
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market is bearish, but price was not able to go downwards seriously last week. Thus the market is bearish in the long-term, but neutral in the short-term. A strong opposition was particularly met at the support line at 1.1550, after which price bounced […]
28 Jun 2018 @ 14:08
BTCUSD Medium-term Trend: Ranging Resistance Levels: $6,150, $6,200, $6,250 Support Levels: $6,000, $5,950, $ 5,900 Yesterday, June 27, price of Bitcoin was in a range bound movement. Today, the range-bound movement continued. The cryptoasset has been fluctuating above the $6,000 price level for four days. From the weekly chart, price of Bitcoin had fallen […]
25 Jun 2018 @ 11:37
BTCUSD Long-term Trend – Bearish Distribution territories: $9,000.00, $10,000.00, $11,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00. The selling pressure against Bitcoin was as visible on June 22 this week. The cryptocurrency had previously seen its value go down over a week ago. Because of the strong selling pressure, the bears managed to pull its […]
22 Jun 2018 @ 17:31
Edenville stock (
LSE:EDL) has experienced what can best be called a false breakout.. The major bias is bearish, and thus, the current bullish breakout could end up being a temporary rally in the context of a downtrend. Price is above the EMA 11 but it is yet to close above it. Should price close below […]
22 Jun 2018 @ 17:11
Greatland Gold shares (
LSE:GGP) are currently soaring, following a frustrating and boring period of trendlessness (January – June 2018). Price soars, thus ending the long-term ranging movement. The ADX period 14 is above the level 40, showing a very strong momentum. The DM+ is above the DM-, meaning that bulls reign. The MACD default parameters […]
21 Jun 2018 @ 16:41
Ethereum Medium-term Trend: Bullish Supply zones: $700, $750, $800 Demand zones: $450, $400, $350 Ethereum is in a bullish trend in the medium-term outlook. The bears could not push price to the lower Bollinger band due to the loss in momentum at $519.86 in the demand area. The 10-day EMA acted as a […]
18 Jun 2018 @ 08:19
BTCUSD Long-term Trend – Bearish Distribution territories: $9,000.00, $10,000.00, $11,000.00. Accumulation territories: $5,000.00, $4,000.00, $3,000.00. Bitcoin was initially in a ranging movement last week but a very strong bearish Japanese candlestick occurred this week. The digital asset started experiencing a southward push on June 10, and soon BTCUSD saw a sudden volatile...
17 Jun 2018 @ 05:48
Here’s the market outlook for the week: EURUSD Dominant bias: Bearish The market began the current strong bearish movement in April. This month (especially from early June), price consolidated till June 14, before the large pullback we are currently witnessing. The large pullback has put more emphasis on the dominant bearish bias; thus price is […]
14 Jun 2018 @ 22:19
BTCUSD Medium-term Trend: Bearish Resistance Levels: $6,600, $6,700, $6,800 Support Levels: $6,400, $6,300, $6,200 Yesterday, June 13, price of Bitcoin fell to as low as $6,252.61. Today, the asset is making a bullish movement to the high of $6,488.55. On the whole, the overall trend is bearish. In order to determine the continuity […]